Merck aims to quickly repay up to $5 bln in loans -CFO in Boersen-Zeitung

April 18, 2015 3:18 PM

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FRANKFURT, April 18 (Reuters) - Germany's Merck aims to quickly repay the up to $5 billion in bank loans it needed to fund the $17 billion acquisition of U.S. lab supplies company Sigma-Aldrich, its finance chief told daily Boersen-Zeitung.

"We want to reduce the loans very aggressively within two to three years to stabilise our credit rating and to regain financial leeway for further acquisitions," Marcus Kuhnert told the paper in an interview published on Saturday.

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